BUSINESS CLIMATE AND TAXATION

ICA is committed to improving Iowa’s general business climate through tax code improvements, sensible regulatory structures, impacts to business cost drivers and myriad infrastructure investments to ensure a policy environment that spurs business growth. We recognize the positive changes to the tax code since2018. Our members will continue to reap the benefits as full implementation takes place.

Sound Budgeting

The fiscal health of state and local governments proves to be a determining factor in attracting and retainingbusinesses. Accordingly, ICA supports a concerted effort to regularly modernize and reform budget practices.This includes strategically reviewing expenditures with a focus on major cost drivers. ICA supports efforts to reduce revenue demand from local and state governments through public pension reforms and other measures that could positively impact local government budgets without tax increases.

Cybersecurity

Cybersecurity is an increasing concern for our members who experience attacks from both physical anddigital threats. As our economy continues to move in a digital direction, we must balance the free flow of commerce and information with safeguarding our businesses and consumers from cybersecurity risks. ICA supports the state considering additional resources for small businesses to protect against these threats.